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Raises Share Repurchase Allocation to $450 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2519862087","media":"MT Newswires Live","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519862087?lang=en_us&edition=fundamental","pubTime":"2025-03-14 05:21","pubTimestamp":1741900893,"startTime":"0","endTime":"0","summary":"Open Text  said Thursday it has raised its share repurchase program by $150 million to a total of $450 million.The total number of shares that can be repurchased remain unchanged at 21.2 million shares, as approved by the Toronto Stock Exchange.As part of the normal course issuer bid, the company has created an automatic share purchase plan with its broker to facilitate the repurchases.The company has repurchased $258 million worth of shares since the beginning of the current repurchase program.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4023","OTEX"],"gpt_icon":0},{"id":"2519867707","title":"OpenText Increases Share Repurchase Program to US$450 Million and Establishes Automatic Share Purchase Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2519867707","media":"CNW Group","labels":["shareholding","buyback"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519867707?lang=en_us&edition=fundamental","pubTime":"2025-03-14 05:00","pubTimestamp":1741899600,"startTime":"0","endTime":"0","summary":"WATERLOO, ON, March 13, 2025 /CNW/ --OpenText,  , today announced that it has increased its previously announced Fiscal 2025 normal course issuer bid  by US$150 million, to purchase for cancellation up to a maximum aggregate value of US$450 million of its common shares . The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 21,179,064Common Shares previously approved by the Toronto Stock Exchange . Further, as part of the NCIB, it has established an automatic share purchase plan  with its broker to facilitate repurchases of the Common Shares.\"Our share repurchase program is an important component of the OpenText capital allocation strategy,\" said Mark J.Barrenechea, OpenText CEO & CTO. \"We have confidence in our business and operating model to generate strong margins, cash flows and long-term shareholder value and, as a result, we are raising our authorized limits under our current share repurchase program by 50% to US$450 million.\". Certa","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/opentext-increases-share-repurchase-program-210000289.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,buyback","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4023","OTEX"],"gpt_icon":0},{"id":"2519407861","title":"Open Text Corp. Stock Outperforms Market Despite Losses On The Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2519407861","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519407861?lang=en_us&edition=fundamental","pubTime":"2025-03-14 04:34","pubTimestamp":1741898040,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Open Text Corp. OTEX slipped 0.19% to C$36.25 Thursday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index  falling 0.90% to 24,203.23.Open Text Corp. closed 33.9% short of its 52-week high of C$54.86, which the company achieved on March 21st.Trading volume of 1.1 M shares eclipsed its 50-day average volume of 851,369.Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTEX"],"gpt_icon":0},{"id":"2518724534","title":"Intuit Falls 13% in a Year: Is it the Right Time to Buy the Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2518724534","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518724534?lang=en_us&edition=fundamental","pubTime":"2025-03-11 23:11","pubTimestamp":1741705860,"startTime":"0","endTime":"0","summary":"Intuit INTU shares have lost 12.6% in the trailing 12 months, underperforming the Zacks Computer and Technology sector’s appreciation of 10.3% and the Zacks Computer – Software industry’s decline of 2.5%.Despite underperforming the broader sector and industry, INTU’s prospects are strong due to its deep AI integration and key financial partnerships, which highlight why investors should buy the stock now.Shares of the maker of TurboTax, QuickBooks and other accounting software have outperformed peers like Adobe ADBE, Verint Systems VRNT and Open Text OTEX, which have plunged 24.9%, 29.4% and 32.1%, respectively, in the same time frame.The Zacks Consensus Estimate for INTU’s third-quarter fiscal 2025 earnings is currently pegged at $11.01 per share, indicating a decrease of 4.76% over the past 30 days. The estimate suggests year-over-year growth of 11.44%. The consensus mark for revenues is pegged at $7.56 billion, indicating a year-over-year increase of 12.19%.INTU beat the Zacks Consen","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/intuit-falls-13-time-buy-151100183.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1201861165.SGD","LU0466842654.USD","SG9999001424.SGD","LU0353189763.USD","LU0511384066.AUD","LU1623119135.USD","LU0053666078.USD","LU0106261372.USD","LU0198837287.USD","IE00BQXX3C00.GBP","LU2357305700.SGD","OTEX","LU0234572021.USD","LU1316542783.SGD","LU1868836757.USD","LU2111349929.HKD","IE00BQXX3D17.EUR","LU0107464264.USD","LU2213496289.HKD","LU0426417589.USD","USAW.SI","LU1046421795.USD","SGXZ81514606.USD","IE00BK4W5L77.USD","LU1244550221.USD","IE00B1BXHZ80.USD","LU1145028129.USD","LU0061474705.USD","LU0889565833.HKD","LU0942090050.USD","LU0557290698.USD","LU1064131342.USD","IE00B1XK9C88.USD","LU1934455194.USD","BK4596","LU2237957811.SGD","LU1868837136.USD","LU0965508806.USD","LU2417539215.USD","LU0149725797.USD","LU0949170772.SGD","BK4538","INTU","VRNT","LU1084165304.USD","LU1934455277.USD","LU1069344957.HKD","LU0289739343.SGD"],"gpt_icon":1}],"pageSize":4,"totalPage":36,"pageCount":1,"totalSize":143}]}}

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